Published on 9/16/2009 in the Prospect News Agency Daily.
New Issue: FHLB prices $15 million seven-year callable step up notes at 3% initial rate
New York, Sept. 16 - Federal Home Loan Banks priced $15 million of 3% initial rate seven-year callable step up notes at par, according to the agency's web site.
The bonds will mature on Oct. 7, 2016 and have a Bermuda call.
Fidelity is the manager.
Issuer: | Federal Home Loan Banks
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Issue: | Step up notes
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Amount: | $15 million
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Maturity: | Oct. 7, 2016
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Coupon: | 3% initial rate
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Price: | Par
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Call: | Bermuda call
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Pricing date: | Sept. 16
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Settlement date: | Oct. 7
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Underwriter: | Fidelity
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